Actor and activist Michael Sheen launched the End High Cost Credit Alliance at Responsible Finance 2018. The Alliance seeks to make affordable fair finance mainstream and support providers and customers. This episode features Sheen’s speech highlighting… Continue reading
News
Responsible finance supports retail jobs
It has been a difficult few months for retailers; there are now weekly announcements of store closures and high street brands going into administration. A common thread through all of these stories is the thousands of… Continue reading
Podcast 5: Stephen Henderson, Ruach Music
From hobby business to supplying musicians all over the world for 23 yr old entrepreneur Stephen Henderson’s business journey began at 16 when he discovered the cajon (a traditional percussion instrument) at a party. The keen… Continue reading
The Sun: alternatives to high-cost credit to save a fortune
Today’s Sun newspaper features our members Fair Finance, Five Lamps, Moneyline and Scotcash in this article about alternatives to high-cost credit. The article commends them “for their much more affordable loan costs,” highlighting how they only… Continue reading
CIC Blog: Ethnicity and Financial Exclusion
The UK is one of the most powerful financial centres in the world, yet financial exclusion remains a significant issue. At the same time, a recent report into racial prejudice in Britain today shows that despite… Continue reading
Podcast episode 4 – Charlotte Purdie, The Milk Lounge
Charlotte Purdie was a new parent with a problem. There was nowhere to go with the right facilities to enable her to feed her baby. So Purdie – then 21 – did something about it. She… Continue reading
Responsible Finance’s podcast launched
Responsible finance providers all over the UK lend to people, businesses and social enterprises. They provide finance that is fair to customers alongside support and advice, and in 2017 lent over £235 million to 61,163 customers,… Continue reading
Community Investment Coalition 2018 Manifesto
This May, seats are up for grabs on 150 local councils in England. In anticipation of this, the Community Investment Coalition urges local councils to make a commitment to tackling financial exclusion. Families struggling with unstable… Continue reading
Responsible Finance co-host transatlantic webinar on small business lending in the U.K and U.S
17.04.2018 In an effort to uncover better solutions to the capital access challenges facing American and UK small businesses and entrepreneurs, Responsible Finance partnered with US-based CDFA to examine the financing strategies pursued by public and… Continue reading
Responsible finance providers are key to tackling the ‘poverty premium’
18.04.2018 The average cost of the ‘poverty premium’ in 2017 was £490 per household per year, according to research by Bristol University. The poverty premium is when low income households pay more for essential goods and… Continue reading